Rivehall Avenue, Welton, Lincoln, LN2
East Midlands
£190,000
Listed on 13/10/2026
Listed on 13/10/2026
The listing
Property details
Bedrooms
3Type
Detached BungalowArea
692 sqftFeatures
- Garage
- Garden
- Parking
Description
Offered with no onward chain, this three-bedroom detached bungalow in Welton is described as requiring renovation throughout. The accommodation comprises an entrance hall, living and dining room, kitchen, bathroom and three bedrooms, providing scope for a purchaser to update the existing layout and finishes. The property also has front and rear gardens, a driveway for off-road parking and a detached single garage.
Welton has shops, schools, a post office, doctor’s surgery, library, village hall, golf club, sports and social club, and a public house. A regular bus service connects the village with Lincoln city centre. Marketed by Purplebricks, covering Lincoln.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
34out of 100
Grade ELow opportunity
Confidence: MEDIUM
This detached bungalow has a useful project canvas: the living room’s timber-effect panelling, worn flooring and dated finishes across the photographed rooms offer scope to rework the interiors, while the rear garden and its hardstanding could also be improved. The driveway, detached garage and generally intact-looking roof are welcome features, and Welton’s village amenities add to the appeal.
The asking price is £275 per sq ft, above the local average of £252, and the £35,000–£65,000 renovation range puts the purchase plus works at roughly £225,000–£255,000. That leaves costs stretched against the local benchmark for a home of this floor area; it is a comparison with current local values, not a forecast of the value after renovation. Visible wall damage and discolouration in the photographed bedrooms, alongside worn finishes elsewhere, also make this a substantial project to plan.
Key opportunities
- Rework the dated living room and photographed bedroom finishes, including the panelling, worn floors and damaged wall surfaces, to give the bungalow a more cohesive interior.
- Improve the worn rear garden, with scope to tackle the mossy hardstanding, overgrown areas and tired fencing.
- Make use of the detached bungalow layout, driveway and garage as the basis for a home tailored to the buyer.
Key risks
- The £35,000–£65,000 works range makes this a substantial interior-and-garden programme rather than a cosmetic refresh; allow for the time and budget involved in coordinating the work.
- At £190,000 plus the indicated works, the outlay is around £225,000–£255,000, stretched against the local value benchmark for this floor area.
- Budget around £240,000 once the asking price and an estimated £50,000 of refurbishment are combined — roughly 27% above what comparable floor area achieves locally in current condition. Finished value after works is not modelled here.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£718
Based on a loan of £142,500 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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Pricing
Price history
-5.0% since listed
£190,000£10,000(-5.0%)
17/06/2026£200,000Initial listing
25/03/2026Services
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